Tab Communications Inc. (also called Tabloid Newspaper Publishers ), based first in Newton, Massachusetts , United States, then in nearby Needham , was a weekly newspaper publisher in Greater Boston before being bought by Fidelity Investments in 1992 and dissolved into Community Newspaper Company in 1996.
62-514: The company, founded in 1979, steadily expanded from one newspaper to 14 and made one major acquisition, buying its competitor NewsWest in 1989. Most of the Tabs are published by GateHouse Media , who bought CNC in 2006, and are still named after their tabloid format, although they are now broadsheets . Russel Pergament , Dick Yousoufian, and Stephen Cummings launched The Tabs in 1979 with two partners, Dick Yousoufian and Stephen Cummings, and
124-555: A $ 10,000 investment. The Tabs grew to a group of 14 free-distribution community newspapers that included The Weekly Tab serving the suburban areas west of Boston. In his publisher's column in The Weekly Tab , Pergament frequently railed against the biases of The Boston Globe . In response to the financial success of The Tabs , which earned $ 12 million in annual revenue by 1989, the Globe launched its own weekly section aimed at
186-683: A 1986 story about free local weekly papers in Time : "The key to our success is that we're relentlessly local," he said. After solidifying the Tab 's position in Boston and the near-west suburbs, the company joined a 1985 rush to capture the MetroWest market. Wellesley , formerly monopolized by the Townsman , a 79-year-old weekly, saw the advent of NewsWest , a regional weekly, and a new local news page at
248-886: A Southern flair. On September 27, 2018, GateHouse Media announced the acquisition of The Oklahoman Media Company , parent company of The Oklahoman , which is the state's largest daily newspaper, for an undisclosed amount from The Anschutz Corp. The sale closed on Oct. 1, 2018, for $ 12.5 million. On January 28, 2019, it was announced that GateHouse Media had acquired the publishing division of Schurz Communications including The Herald-Times in Bloomington, Indiana , South Bend Tribune in South Bend, Indiana , and other papers in Clay, Lawrence, Monroe, Morgan, Orange, Owen, and Putnam counties in Indiana. That same year, it acquired
310-455: A board member. Tab's circulation, at the time, was given at 163,000. Following a tough year economically, Tab in 1991 sent a letter to its subscribers asking for a voluntary donation of US$ 10 to keep the newspapers, and community events they sponsored, afloat. Late in 1992, Cummings, Pergament and Yousoufian sold out for an undisclosed price to Fidelity Investments . Cummings and Pergament stayed on as heads of Tab Communications, which formed
372-474: A female householder with no husband present, and 23.9% were non-families. 20.7% of all households were made up of individuals, and 10.5% had someone living alone who was 65 years of age or older. The average household size was 2.70 and the average family size was 3.14. In the town, the population was spread out, with 25.1% under the age of 18, 13.9% from 18 to 24, 22.9% from 25 to 44, 24.2% from 45 to 64, and 13.9% who were 65 years of age or older. The median age
434-545: A flagship Roche Bros. supermarket, restaurants, cafes, clothing stores, along with a mixture of national chains and local shops. Wellesley opened its new Free Library building in 2003, which is part of the Minuteman Library Network . Due to the structure of budget override votes and perhaps the size of the new main branch of the library, the two branch libraries— one in Wellesley Hills , which
496-506: A regional weekly hit eight communities at once, May 22, 1985. NewsWest mailed 45,000 free copies per week, hitting every home in Dover , Natick , Needham , Sherborn , Sudbury , Wayland , Wellesley and Weston . On April 1, 1986, NewsWest expanded into Ashland , Holliston and Framingham . Pergament denigrated his regional competitor, calling it "that amateur hour", while NewsWest president James Kerasiotes alleged that Tab and
558-609: A semi-autonomous division of Community Newspaper Company . The deal raised CNC's weekly circulation to 550,000. Tab Communications was dissolved in early 1996, when CNC realigned its operating units by geography, splitting the Tabs between the new Metro and West units. The former Tab headquarters, in Needham , became CNC's corporate office and headquarters of the Metro Unit; the West Tabs moved in with their former competitor,
620-491: A simultaneous supplemental override to preserve certain specific programs and services failed by 17 votes. The 2006 override passed with a large majority. Wellesley also receives funding from the state government. Local roads have been repaved several times in the 1990s and 2000s. The town is part of the Massachusetts Senate's Norfolk, Bristol and Middlesex district . On December 18, 2014, Wellesley College and
682-414: A special tree fund. The town's Natural Resource Protection (NRP) Development bylaw, approved by Town Meeting in 2013, applies to any subdivision generating five or more lots. This bylaw requires a minimum of 50% of the property be preserved as open space in exchange for reduced lot sizes without increasing density. Established in 1979, Wellesley has a unique elected Natural Resources Commission (NRC) bearing
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#1732787608355744-694: A two-year public college, and Babson , a business college. In 2024, Upham was officially closed following the rebuilds of Hunnewell and Hardy. Wellesley Green Schools was established in 2006. The No Idling Campaign received an Excellence in Energy and Environmental Education Award from the state of Massachusetts in 2014. The town's new high school opened in February 2012 and includes such elements as green vegetated roof, geothermal heat pump and Solar thermal cooling , Solar Photovoltaic system , and rainwater recovery systems. Events of significance to members of
806-587: Is a town in Norfolk County , Massachusetts , United States. Wellesley is part of Greater Boston . The population was 29,550 at the time of the 2020 census . Wellesley College , Babson College , and a campus of Massachusetts Bay Community College are located in the town. Wellesley was settled in the 1600s as part of Dedham, Massachusetts . It was subsequently a part of Needham, Massachusetts called West Needham, Massachusetts. On October 23, 1880, West Needham residents voted to secede from Needham, and
868-594: Is a specific MBTA -based service, The Ride, which offers free or low-cost door-to-door service by appointment. Wellesley's Council on Aging contracts out a daily low-cost minibus service offering elderly access to several local medical facilities and the Woodland MBTA station . Further afield is the Springwell Senior Medical Escort Program / Busy Bee Transportation Service for rides to medical & non-medical services in
930-401: Is home to the headquarters of many local, national and global businesses including Benchmark Senior Living, Blank Label Apparel, Eagle Investment Systems , EPG Incorporated, GrandBanks Capital, Harvard Pilgrim Health Care , Livingston and Haynes PC, and Sun Life Financial U.S. According to Wellesley's 2023 Comprehensive Annual Financial Report, the top employers in the city are: Each year
992-625: Is the largest newspaper in Central Texas. In the same month, GateHouse announced its $ 49.25 million purchase of The Palm Beach Post and Palm Beach Daily News from Cox Media Group, LLC. On April 10, 2018, GateHouse announced that it had agreed to acquire the Akron Beacon Journal of Akron , Ohio for $ 16 million from Black Press Group . The Beacon Journal is a daily newspaper tracing its storied, Pulitzer Prize -winning history to 1839's Summit Beacon , which early in
1054-597: The Middlesex News daily, which also bought the Townsman that year. Tab entered the Wellesley market in October, months after NewsWest . Mark Jurkowitz, editor of the new Wellesley Tab , said "We live and die with local coverage. We felt there was a need in Wellesley for a good, exciting, feisty weekly." While criticizing NewsWest 's regional perspective, Tab followed its competitors farther into MetroWest
1116-431: The Middlesex News were trying to sabotage their new competitor. Over the next few years, NewsWest added several more towns to its distribution area -- Hopkinton , Marlborough , Needham , Southborough , Westborough —and in 1989 approached Tab Communications in an attempt to buy it. Instead, Tab ended up purchasing NewsWest , bringing its founder James Carlin on board as company chairman and retaining Kerasiotes as
1178-463: The Middlesex News . Upon its sale to CNC in 1992, Tab Communications consisted of 14 free weekly newspapers, with a circulation well over 150,000, all in the immediate Boston area or MetroWest , Massachusetts (the year of the newspapers' first issue is in parentheses): All of these newspapers except the Dover, Sherborn and Wellesley papers are still published by Community Newspaper Company , in
1240-700: The New Jersey Herald in Newton, New Jersey , from Quincy Media . In August 2019, it was announced that New Media Investment Group had reached an agreement to merge Gannett into GateHouse Media. GateHouse would be the nominal survivor, with New Media Investment Group's CEO, Mike Reed, becoming CEO of the merged company. However, the merged newspaper chain would take the better-known Gannett name and be based at Gannett's headquarters in McLean, Virginia . The acquisition of Gannett by New Media Investment Group
1302-480: The Cambridge Tab , citing its eye-catching headlines and devotion to issue-based journalism as separating it from the 137-year-old Cambridge Chronicle . One reader said he preferred the Tab because "I want to know what's going on behind the scenes in politics. I'm not so interested in who was born or who died or what's on the school lunch menu." Pergament continued to stress the importance of local coverage in
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#17327876083551364-696: The MBTA , which offers a total of 17 weekdays Commuter Rail trains inbound towards Boston and outbound towards Framingham and Worcester . Wellesley's stations are (east to west) Wellesley Farms , Wellesley Hills , and Wellesley Square . The Wellesley Farms station is listed on the U.S. National Register of Historic Places. MWRTA bus service also runs along Walnut Street, Cedar Street, and Route 9. The highways Interstate 95 / Massachusetts Route 128 , Massachusetts Route 9 , Massachusetts route 16 (as Washington Street) and Massachusetts route 135 run through Wellesley. For elders and people with disabilities there
1426-643: The 20th century came under the editorship and ownership of publisher Charles Landon Knight , serving as the flagship newspaper of the Knight Newspaper Company, later known as Knight Ridder . On July 2, 2018, GateHouse acquired SouthernKitchen.com, the Atlanta-based Southern food and lifestyle brand. Southern Kitchen, launched by Cox Media Group (CMG) in 2017, is a blend of e-commerce and content. It delivers content and products related to eating, drinking, and entertaining with
1488-925: The 36 newspapers of the Halifax Media Group for $ 280 million. In February 2015, GateHouse purchased Stephens Media , which published newspapers mainly in Arkansas and Nevada, for $ 102.8 million. In December 2015, GateHouse sold the Las Vegas Review-Journal , the Stephens group's largest paper, to casino magnate Sheldon Adelson for $ 140 million. In November 2016, GateHouse announced the purchase of Harris Enterprises, based in Hutchinson, Kan., which operated six daily newspapers in Kansas and Iowa. In February 2017, GateHouse purchased
1550-488: The Dix Communications newspaper chain for $ 21.2 million. Dix Communications operates in northeastern and east-central Ohio, including more than 30 daily and weekly newspapers. In June 2017, GateHouse announced it was purchasing Calkins Media Group's four six-day-a-week newspapers and Calkins Digital Group, a press facility and related websites and other digital operations. In August 2017, GateHouse announced it
1612-693: The Evangelist Catholic Church, the Metrowest Baptist Church, Milestone Wellesley, and Unitarian Universalist Society of Wellesley Hills, and Wellesley Friends Meeting (Quakers). The Wellesley College campus includes greenhouses and the H. H. Hunnewell Arboretum. This is not to be confused with the neighboring private H. H. Hunnewell estate . The Elm Bank Horticulture Center is home to the Massachusetts Horticultural Society . Although
1674-467: The Evangelist) and a preparatory school for girls, Dana Hall School . Also, the Wellesley A Better Chance outfit started in the early 1970s brings promising young women from underserved areas into town to attend Wellesley High School and live nearby. Wellesley also contains the main campus of three colleges: Wellesley College , a women's liberal arts college, Massachusetts Bay Community College ,
1736-958: The Fortress News Corp deal. Fortress owned 52% of GateHouse debt. Gatehouse re-emerged from the planned bankruptcy in November 2013. In the restructured plan, Gatehouse stock was cancelled and a new holding company for the parent, New Media Investment Group, Inc., was formed. The terms involved the cancellation of shares of Gatehouse, but those owners receiving warrants to buy shares in New Media Investment Group Inc. Subsequently, Gatehouse Media acquired several newspaper groups between 2014 and 2017, including Halifax, Stephens Media, Calkins Media and Morris Publications. They also acquired Dolan Media Group and Journal Multimedia, adding business publications to their portfolio. The combined group of business publications
1798-528: The NYSE's continued listing standards for average global market capitalization over a consecutive 30-trading-day period of not less than $ 75 million and $ 1.00 average closing price, and had submitted a business plan to the NYSE Regulation for coming back into compliance for continued listing. The company has been in communication with the NYSE regarding its noncompliance with continued listing standards, but
1860-606: The Natural Resources Commission, a five-member elected board of town residents; Wellesley Conservation Council, a private, non-profit, land trust and conservation education organization incorporated in 1958; and Sustainable Wellesley, a group of volunteers who encourage sustainability in Wellesley and the surrounding area through events, education, and action. In 2014 the Sustainable Energy Committee served to double participation in
1922-652: The Town election, voted to approve the purchase. In 2009 the town established the Municipal Energy Efficiency Committee (MEEC) made up of representatives from various town departments, to develop and evaluate municipal policies to reduce energy use. In 2010 Wellesley's Sustainable Energy Committee (SEC) was formed by Town Meeting. The committee's primary objective was a 10% town-wide reduction in Wellesley's carbon footprint and 20% reduction in carbon footprint for all municipal departments by
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1984-649: The Town of Wellesley announced that the College's Board of Trustees had chosen the town's $ 35-million bid for the purchase of 46 acres of land adjacent to its campus. Under this agreement, at least 50% of the North 40 property will be preserved in perpetuity as open space. A special town meeting in January 2015 resulted in a near-unanimous vote in favor of the purchase, and in March 2015, 80 percent of residents that cast votes at
2046-493: The Wellesley community are recorded in two local news publications: The Wellesley Townsman has been published since 1906, and The Swellesley Report since 2005. Both are available online and digitized copies of the paper-based Townsman are available from the Wellesley Free Library. Wellesley has had rail service to Boston since 1833. Rail service is currently provided through Wellesley's participation in
2108-566: The acquisition of Kirk Davis's independently owned Holden Landmark Corporation for an undisclosed sum. The sale includes the central Massachusetts media properties, Worcester Magazine , The Landmark, baystateparent Magazine, Leominster Champion, Millbury-Sutton Chronicle , and the Grafton News . In March 2018, GateHouse announced its $ 47.5 million purchase of the Austin American-Statesman of Austin , Texas . It
2170-703: The band. The Wellesley Symphony Orchestra presents classical, pops, and family concerts at Mass Bay Community College at its Wellesley campus. The town of Wellesley is home to several religious institutions. Wellesley contains two Jewish institutions including Temple Beth Elohim and the Wellesley Chabad Center. Predominantly Christian Wellesley contains many churches, including Wellesley Congregational Church, St. Andrew's Episcopal Church, St. Paul's Catholic Church, Christ Church United Methodist, Wellesley Hills Congregational Church (also known as The Hills Church), First Church of Christ, Scientist, St. John
2232-821: The combined company using the Gannett name and maintaining its headquarters in Virginia. Liberty Group Publishing was formed in 1998 when Kenneth L. Serota, a former Hollinger International attorney with backing from Leonard Green & Partners , bought 160 community newspapers from Hollinger. Headquartered in Downers Grove, Illinois , Liberty then expanded the network increasing the total newspapers to 330 by 2000. Faced with problems, it downsized to 270 by June 2005. In June 2005, Fortress Investment Group bought Liberty for $ 527 million. Fortress expanded it to 75 dailies, 231 weeklies, 117 shoppers, and 230 websites. It
2294-533: The commission, in collaboration with the Health, Public Works and School department, developed a pesticide awareness program resulting in an Organic Pest Management Policy governing pesticide use on all town-owned property. In 2003 the commission created the Preservation Master Plan for Fuller Brook Park in collaboration with Wellesley's Department of Public Works. This major restoration project
2356-556: The company expanded into Boston and Cambridge . At first, CEO Russel Pergament acknowledged that the papers gave softball coverage to some political topics, but said his papers were happy to "live on crumbs from The Globe 's table"—to report the local news the big-city daily was missing. He said in 1981 that "we find that the people who live in Brookline and Newton know their local politics better than ever now, largely due to us." Later that year, however, observers had kudos for
2418-728: The company's Metro and West units. The Sudbury, Weston and Wayland papers are still issued in combined editions with former competitors; the Cambridge paper still competes with the Chronicle , now also owned by CNC. GateHouse Media Kirk Davis, operating company CEO; Paul Ameden, CIO; Bill Church, Senior VP News; GateHouse Media Inc. was an American publisher of locally based print and digital media. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. Its parent company, New Media Investment Group, acquired Gannett in 2019, with
2480-546: The emerging portfolio" of the company, which had been formed as a spin-off of News Corporation . By 2013, GateHouse Media grew, operating in 330 markets across 21 states, but they found themselves in a debt situation that would prohibit future growth. The company filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court in Wilmington, Delaware on September 27, 2013. It listed assets of $ 433.7 million and debt of $ 1.3 billion. The planned bankruptcy centered on restructuring
2542-584: The end of 2013. In 2014 Town Meeting voted to support a new goal of 25% reduction by 2020 using 2007 as the base year. The committee is responsible for Wellesley's adoption of the Massachusetts Stretch Building Code approved by Town Meeting effective January 2012. In 2013, the committee organized Wellesley's Green Collaborative, a group of organizations that are concerned about environmental issues in Wellesley and beyond. Dozens of like-minded organizations are represented including
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2604-494: The entrance is in Wellesley, access is over a small private bridge over the Charles River, so Elm Bank is therefore in the neighboring town of Dover. The town designated Cottage Street and its nearby alleys as the historic district in its zoning plan. Most houses in this district were built around the 1860s and qualify as protected buildings certified by the town's historic commission. The town's historic 19th-century inn
2666-724: The next year, opening Tabs in Framingham , Natick and Weston in May 1986. Pergament reiterated that the difference between his newspapers and the others was local focus: "People are not getting enough local news" in NewsWest and the Middlesex News , he said. "Well, we're going to give them local news like they've never had it before -- we're going to out- News the News ." While the Tab came trickling into MetroWest town-by-town,
2728-407: The racial makeup of the town was 84.6% White , 10.0% Asian , 2.2% Black , 0.01% Native American , 0.01% Pacific Islander , 1.4% from other races , and 1.7% from two or more races. Hispanic or Latino of any race were 3.4% of the population. There were 8,594 households, out of which 39.9% had children under the age of 18 living with them, 67.2% were married couples living together, 7.1% had
2790-547: The same demographic. The Tabs were among several free publications across the United States that pressured the respective traditional paid newspaper operators in their markets. Three alternative weekly advertising representatives formed their own company in 1979, publishing the Brookline Tab and Newton Tab as advertising-heavy community papers. Two years later, prompted by the closure of The Real Paper ,
2852-545: The state average. The school system also contains a middle school and seven elementary schools (Bates, Upham, Schofield, Fiske, Hardy, Hunnewell, and Sprague). Wellesley includes a primary and secondary school which are Wellesley Middle School (also known as Wellesley Junior High) and Wellesley High School , respectively; and are the home of the Raiders. The town contains a private elementary school, Tenacre Country Day School, one private Catholic elementary school (St. John
2914-435: The statutory authority and responsibility of Park Commissions, Conservation Commissions, Tree Wardens, Town Forest Committees, and Forestry and Pest Control Officers. The commission maintains Wellesley's two Community Gardens and maintains a trail network that includes 26 miles of marked trails interconnecting open spaces and conservation lands for walking, dog walking, jogging, bicycling, cross-country skiing, and more. In 2001
2976-416: The town as a census-designated place with an area exactly equivalent to the town. As of the census of 2000, there were 26,613 people, 8,594 households, and 6,540 families residing in the town. The population density was 2,614.1 inhabitants per square mile (1,009.3/km ). There were 8,861 housing units at an average density of 870.4 per square mile (336.1/km ). According to a 2007 Census Bureau estimate,
3038-425: The town into four precincts with 60 representatives each. The new form of government came into effect in 1934. In 2016, citizens rejected a ballot question to adopt a Selectmen-Manager government. Since Proposition 2½ limited property tax increases to 2.5% per year in 1980, the town has had to ask residents for a number of overrides to maintain funding for certain programs. Although the main 2005 override passed,
3100-482: The town of Wellesley was later christened by the Massachusetts legislature on April 6, 1881. The town was named after the estate "Wellesley" of local benefactor Horatio Hollis Hunnewell . Wellesley's population grew by over 80 percent around the 1920s. Wellesley is located in eastern Massachusetts. It is bordered on the east by Newton , on the north by Weston , on the south by Needham and Dover and on
3162-401: The town's POWER TO CHOOSE program and organized the "More POWER TO CHOOSE" solar program. Wellesley is the longest running Tree City USA community of any city or town in Massachusetts. Wellesley's Tree Bylaw became effective July 1, 2011, requiring property owners to protect certain trees and critical root zones during construction projects, and replace trees that are cut down or donate money to
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#17327876083553224-500: The weekend before Memorial Day , the town sponsors the annual Wellesley's Wonderful Weekend, which includes the annual veterans' parade and fireworks. On May 18, 2008, The Beach Boys performed in a concert on the Wellesley High School athletic fields in front of an estimated 10,000 town residents and fans. The funds for the performance, an estimated $ 250,000, were made as a gift by an anonymous donor and lifelong fan of
3286-573: The west by Natick . According to the United States Census Bureau , the town has a total area of 10.49 square miles (27.2 km ), of which 10.18 square miles (26.4 km ) is land and 0.32 square miles (0.83 km ) is water. Wellesley has a warm-summer humid continental climate ( Dfb under the Köppen climate classification system), with high humidity and precipitation year-round. The Census Bureau has also defined
3348-437: Was 38 years. For every 100 females, there were 77.9 males. For every 100 females age 18 and over, there were 71.1 males. The median income for a household was $ 159,167, and the median income for a family was $ 186,518. The per capita income in the town was $ 72,046. About 2.4% of families and 3.8% of the population were below the poverty line , including 4.0% of those under age 18 and 2.1% of those age 65 or over. Wellesley
3410-669: Was completed in 2017. In 2009, the commission launched the Green Wellesley Campaign advocating for sustainability by raising awareness and promoting increased environmental action. That campaign has been renamed the Grow Green Wellesley initiative, which promotes earth-friendly lawn and landscaping practices. On the Massachusetts Comprehensive Assessment System test, the district regularly scores higher than
3472-469: Was completed on November 19, 2019, making the combined company the largest newspaper publisher in the United States. Gatehouse, now called Gannett, has been operated by Fortress Investments, a New York private equity firm, in turn owned by Softbank , the diversified Japanese tech firm. As of early 2022, Gannett was seeking an early buyout of Fortress's outside management role. Wellesley, Massachusetts Wellesley ( / ˈ w ɛ l z l i / )
3534-466: Was demolished to make way for condominiums and mixed-use development in 2006. The Wellesley Country Club clubhouse, which is the building where the town was founded, was demolished in 2008, and a new clubhouse was built. The town's pre-World War II high school building was torn down and replaced with a brand new high school finished in 2012. The entire 1960s-style Linden Street strip-mall has been replaced by "Linden Square"—a shopping district that includes
3596-409: Was purchasing 11 daily newspapers, 30 weeklies, and other assets from Morris Publishing Group, a division of Morris Communications. In October 2017, GateHouse acquired Edward A. Sherman Publishing Company, parent of The Newport Daily News . In January 2018, GateHouse announced its purchase of Oregon's second-largest daily newspaper, The Register-Guard . In February 2018, GateHouse announced
3658-566: Was purpose-built to be a branch library in the 1920s, another in Wellesley Fells—closed in the summer of 2006. The branch libraries reopened in September 2008. The main library branch near Wellesley Square underwent a major interior renovation in 2021. The town was governed through an open town meeting after it was incorporated. In 1933, citizens approved a ballot question to adopt a representative town meeting government, dividing
3720-425: Was rebranded as BridgeTower Media. The GateHouse Media corporate strategy continues to focus on acquiring and operating traditional local media businesses and transforming them from print-centric operations to multimedia operations. As of April 2018, GateHouse Media was publishing 144 daily newspapers, 684 community publications, and over 569 local market websites in 38 states. In January 2015, GateHouse purchased
3782-562: Was renamed GateHouse and its headquarters moved to suburban Rochester, New York , in April 2006. In October 2006, GateHouse had its IPO with Fortress maintaining 60% ownership. On October 23, 2007, GateHouse announced the purchase of 14 daily newspapers and other publications from Morris Communications . The company received notification from the New York Stock Exchange (NYSE) on August 21, 2008, that it had fallen below
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#17327876083553844-521: Was unsuccessful in its efforts to avoid suspension and delisting. On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group , a group of 33 local newspapers, to Newcastle Investment Corp, an affiliate of Fortress, for $ 87 million. The newspapers were operated by GateHouse Media following the purchase. CEO Robert James Thomson indicated that the newspapers "were not strategically consistent with
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